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Coronavirus Shuts Zhangjiagang Pohang Stainless Steel

Steel News - Published on Fri, 21 Feb 2020

Image Source: qtxasset.com
Reuters reported that China’s Jiangsu Shagang Group and South Korea’s POSCO JV Zhangjiagang Pohang Stainless Steel Co Ltd has shut down production lines for one week from February 20 due to the coronavirus outbreak.

The shutdown, which involves the venture’s steel smelting, hot-rolled and cold-rolled production, is expected to reduce the company’s monthly steel output by 21,000 tonnes

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Posted By : Rabi Wangkhem on Fri, 21 Feb 2020
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